Transitioning a bank to controlling ESOP ownership involves navigating regulatory challenges and engaging in long-term capital planning. This process can enable the prioritization of employee and community interests. In this webinar, Nick Viner and Terry Merfeld from Eide Bailly will share:
- Common routes a bank utilizes to start an ESOP
- What a controlling interest looks like
- How to determine controlling interest at ESOP formation
- The growing pains from crossing the control threshold and becoming a Bank Holding Company
- One bank’s ESOP journey, the challenges they overcame and advice they can provide.
They will be joined by Mike Daniel, CFO at Old Fort Banking Company to share his experience.
For a copy of this presentation, please contact us here.
Recording
The Team
Meet the Presenters
